News and Media

Cannabis – a billion-dollar business

In the beginning was hemp: the Chinese were using the plant as a base for medicinal products thousands of years ago. Over the course of time the flower became the joint, which in turn produced the high – and cannabis, the drug made from hemp, was born. After decades of being demonised as "killer weed" and a gateway drug, the tide is now turning again. Research into the use of cannabis for medical purposes has intensified in the USA and Europe over the last few years. This mysterious weed alleviates pain and depression, promotes sleep and stimulates the appetite. It also has over 100 active ingredients - the most important ones being THC and CBD - which suppress chemotherapy-induced nausea and vomiting, for example, and inhibit inflammation. The use of cannabis for medical purposes is now permitted in 23 federal states in the USA.

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Industrial robots and automation: The future has long since started

Fujiyama is one of the major sights in Japan. A symbol of this Asian country, the 3,776 metre high mountain captivates tourists from all over the world. What few of them may know is that not far from the peak – affectionately known by the locals as “Mount Fuji” – lies the home of Fanuc, a true pioneer in the field of industrial automation. Founded in 1956, the company has built up an entire town of its own in the shadow of the impressive volcanic cone. Factories, research and development centres, administrative buildings, homes, leisure facilities and even a dedicated hospital range over an area covering some 1.5 million square metres. Fanuc describes itself as a world-leading manufacturer of factory automation, industrial robots, CNC systems, wire-cut EDM and injection-moulding machines and vertical machining centres. As such, the group is positioned to spearhead Industry 4.0.

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LEONTEQ LAUNCHES ONSHORE OPERATIONS IN JAPAN

Leonteq expands its presence in Asia with the opening of an office in Tokyo to serve the Japanese market. It will commence onshore operations in Japan through its newly established subsidiary, Leonteq Securities (Japan) Limited on 1 May, 2018.

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LEONTEQ INFORMS ABOUT RECENT DEVELOPMENTS REGARDING OLD MUTUAL INTERNATIONAL

Leonteq AG (SIX: LEON), has been informed by Old Mutual International (OMI) by way of informal letter that OMI has filed a claim form with the High Court of the Isle of Man against Leonteq and other parties in relation to certain structured product transactions and related fees and commissions. At this point in time, neither the claim form nor any particulars of the alleged claim have been served on Leonteq. Leonteq fully rejects any claims in this matter and will rigorously defend its position.

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